New Issue: Citigroup prices $1.32 million variable coupon market-linked notes on Nasdaq, Russell

By Wendy Van Sickle

Columbus, Ohio, Aug. 2 – Citigroup Global Markets Holdings Inc. priced $1.32 million of variable coupon market-linked notes due Oct. 29, 2025 tied to the worst performing of the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Citigroup Inc.

The notes will pay a variable annualized coupon of 5.05% if the least performing index closes at or above its initial level on a quarterly observation date date. If the least performing index closes below its initial level on the observation date, investors will instead receive a 1% coupon.

The payout at maturity will be par plus the relevant coupon.

Citigroup Global Markets Inc. is the agent.

Issuer:	Citigroup Global Markets Holdings Inc.
Guarantor:	Citigroup Inc.
Issue:	Variable coupon market-linked notes
Underlying index:	Nasdaq-100 index, Russell 2000 index
Amount:	$1,319,000
Maturity:	Oct. 29, 2025
Coupon:	5.05% payable quarterly if the least performing index closes at or above least performing initial level on relevant review date; if the least performing index closes below its initial level on the review date, the coupon will be 1%
Price:	Par
Payout at maturity:	Par plus the relevant coupon
Initial level:	12,601.47 for Nasdaq, 1,848.339 for Russell
Pricing date:	July 27
Settlement date:	July 29
Agent:	Citigroup Global Markets Inc.
Fees:	3.65%
Cusip:	17330PTS8

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